Thor Equities, LLC agreed to acquire 350 Holger Way at District 237 in San Jose, California from KBS Real Estate Investment Trust II, Inc. (OTCPK:KBRS) on December 15, 2020. The deal is expected to close in December 2020. Thor Equities, LLC completed the acquisition of 350 Holger Way at District 237 in San Jose, California from KBS Real Estate Investment Trust II, Inc. (OTCPK:KBRS) for $50.5 million on December 15, 2020. The purchase price of $50.5 million excluded the third-party closing costs of approximately $0.9 million and excluding disposition fees payable to the advisor. CBRE Capital Markets’ Debt & Structured Finance secured $31 million in financing on behalf of Thor Equities, LLC. The sale was brokered by the CBRE Northern California Capital Markets Team consisting of Joe Moriarty, Scott Prosser, Jack DePuy, Russell Ingrum, Brad Zampa and Mike Walker. Bruce Fischer, Howard Chu and Amanda Kennedy of Greenberg Traurig, LLP Orange County office acted as legal advisors to KBS Real Estate Investment Trust II, Inc.